SOLUTIONS
Benefits
Employing Employee Self-Service Solutions
Forego frustrating paperwork in favor of an online enrollment system that simplifies the open enrollment process. Once employees make changes to their benefits, your administrators will be prompted to review and approve the changes. With Workforce1, you can empower your employees to choose the plan that’s right for them during open enrollment periods, including:
-
Enrollment for new hires
-
Qualified life events (QLEs)
-
Annual open enrollment
This platform gives your people everything they need to make informed decisions and enroll themselves by way of a simple online interface or right from their mobile device.
EDI Carrier Connections
Keeping up with carriers isn’t easy. You need clear lines of communication, which enable your staff to effortlessly update information and troubleshoot solutions for your employees. When you team up with Mosaic HCM, your benefits administrators will enjoy straightforward channels of communication that keep things simple by way of a single dashboard. Workforce1 enables:
-
Automation for open enrollment, new hires, qualified life events, and employee terminations across multiple providers and systems
-
Checks and balances, ensuring your company isn’t paying for de-enrolled and ineligible employees’ insurance and benefits
-
Seamless updating and synchronicity between insurance, 401(k), and healthcare savings account providers
COBRA Administration
Missing a COBRA deadline can mean significant problems in terms of compliance. Our COBRA administration tools enable you to quickly determine eligibility and manage COBRA processes when employees’ statuses change. With our administration tools, you can:
-
Automate the COBRA notifications process
-
Manage payments and review and approve changes effortlessly
-
Meet compliance by ensuring you meet all required deadlines to avoid potential fines
Premium Reconciliation
Spreadsheet reconciliation is so passé. Besides the fact that it lends itself to innumerable human errors, it’s a painstaking process that eats up your company’s money by way of inefficient processes.
Enter: a new way of reconciling payments and invoices.
Workforce1 software puts a premium reconciliation dashboard at the fingertips of your benefits admin team. It’s designed to help you identify over payments and under payments swiftly, so you can correct them as quickly as possible. With this platform, you’ll:
Enter: a new way of reconciling payments and invoices.
Workforce1 software puts a premium reconciliation dashboard at the fingertips of your benefits admin team. It’s designed to help you identify over payments and under payments swiftly, so you can correct them as quickly as possible. With this platform, you’ll:
-
Identify discrepancies to the penny
-
Receive notifications about new provider invoices
-
Have up-to-date information about providers and plans at your fingertips
-
Compare payments to invoices quickly
Retirement Plan Integration
Retirement Plans are an animal all their own. Our platform takes the pain out of retirement-planning benefits by enabling your team to:
-
Integrate and automate retirement transactions with your in-house or outsourced payroll provider
-
Maintain compliance with ERISA
-
Schedule updates and reports according to your payroll schedule
-
Track and manage employee and employer contributions
ACA Management
ACA management doesn’t have to be an additional stressor for your staff. With the proper tools, your team can:
-
Notify employees about ACA updates automatically
-
Track your employees’ hours worked
-
Monitor employee compliance metrics
-
Relinquish the hassle of producing and auditing IRS ACA forms
If you’re looking for a way to streamline and simplify your benefits administration processes, look beyond the spreadsheet. Our business is built on the idea that Ben Admin doesn’t have to be difficult. We’d love to show you how we got where we are and tell you how we can help your company. Contact us for a consultation today!